Binance boss Changpeng Zhao answered questions about whether Binance would list if Tesla CEO Elon Musk launches the ‘Twitter Coin’.
Binance CEO: No guarantee for listing, even Twitter Coin!
Changpeng Zhao (CZ), the Chinese-Canadian business manager and CEO of Binance, recently announced that token listings on his exchange Binance are not automatically guaranteed. CZ said this in response to a recent question about whether Binance would list Twitter Coin if Elon Musk launches it.
The well-known influencer asked CZ if he would list Twitter Coin on Binance if launched by Elon Musk. Responding to a question posed by blockchain enthusiast and crypto influencer Cryptic Poet, CZ said in a tweet today, “This still depends on the details, the coin design, the utility, etc. will depend. It is never automatically guaranteed,” he said.
This comes in the wake of reports suggesting that Twitter is finally working on a payment system. CZ’s response implies that despite being the CEO of Binance, he cannot influence his decision to list an asset on his platform. Specifically, the decision is largely dependent on a variety of factors surrounding the asset itself, including its usefulness, design, and the like.
CZ’s professional relationship with Elon Musk
The question was posed to CZ as a result of his professional relationship with billionaire Elon Musk, who is also popular with crypto advocates. Following Elon Musk’s acquisition of Twitter, CZ confirmed last November that it invested $500 million in Binance’s acquisition deal.
Speaking to Twitter on November 4, CZ outlined why his exchange invested in the buyout deal. According to him, Binance supports freedom of speech and believes that once Elon Musk takes over, freedom of speech will be allowed to flourish on Twitter. He also explained that the Binance team believes this to be a potentially advantageous investment in the long run.
Additionally, CZ noted that Binance is looking to invest in a business that can support Web3 adoption on the global stage. The crypto community is looking forward to a crypto integration for Twitter with Elon Musk at the helm as he defends digital assets, especially Dogecoin. The Twitter Chief has also made fun of this crypto integration in the past.
Twitter will integrate payments
cryptocoin.comAs you follow, it is worth noting that Twitter has revealed that it has started working on payment integrations for the first time since Elon Musk’s acquisition. The announced plans also point to the harmonization of cryptocurrency payments. Meanwhile, pro-XRP attorney Deaton claims that Musk could get in trouble with the US SEC if he only integrates Dogecoin payments.
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